400 W 58th St APT 2GNew YorkNY10019
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in New York at 400 W 58th St APT 2G, New York, NY, 10019 at $948,000 posts ROI 33.29% with $3,439/mo cash flow from $11,911/mo rent. Total monthly income equals $11,911/mo, and annual cash flow records $41,273/yr on $311,892 to close. Return on cash invested measures 33.29% and rental yield reads 15.08% at the current $948,000. Equity gained on principal adds $6,117/yr, and 5% annual appreciation supports $261,915 by year five. Five-year ROI prints 178.21% and total cumulative return in cash totals $555,838.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $11,911/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1957
N/A lot
$N/A/sqft
$2,141 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10019, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 35,231 (100%) |
| Owner Occupied HU | 4,717 (13.4%) |
| Renter Occupied HU | 24,438 (69.4%) |
| Vacant Housing Units | 6,076 (17.2%) |
| Median Home Value | $962,650 |
| Average Home Value | $1,201,466 |
Housing Distribution
Address Breakdown
Residential
31,630
Single Family
93
Multi-Family
31,537
Businesses
3,077
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